€ 285 000

€ 2 714 / sqm

+ VAT

From January 13, 2014 the VAT rate in Cyprus is 19%. However, buyers can purchase a new property with a reduced VAT rate of 5% under the following conditions:

The purchase is made by an individual, not a legal entity.
The buyer is not going to rent out the acquired property.
This will be a primary residence in Cyprus for the buyer, and they do not have any other property in Cyprus acquired with the reduced VAT rate within the last 10 years.

A reduced VAT rate of only 5% is applied to the first 200 m². The remaining area over 200 m² is subject to a 19% tax. These rules only apply to buyers of new developments, while for secondary real estate, VAT is 0%

3 bedrooms Apartment in Agios Georgios, Nicosia, Cyprus No. 50327

Bedrooms

Bathrooms

105 sq.m.

Square

Parameters

Property Description

This modern development is ideally located with immediate access to key services and amenities such as public transport, schools, universities, park, supermarkets, shopping centers, and the city center. Featuring contemporary architecture with a minimal design, the project offers high-quality construction and energy efficiency class A, making it a perfect choice for both personal residence and investment.

This bright and airy 3-bedroom apartment covers 105 sq.m. and is designed for comfortable and modern living. It includes a master bedroom with en-suite bathroom, spacious living and dining areas, and a large balcony, combining functionality with contemporary style.

? Close to schools, supermarkets, universities, public transport, and the city center.

? Price: €285,000 + VAT
? Contact us for more information!